On July 3, 2025, Amber International Holding Limited (AMBR) secured $25.5 million through a private placement. The funding is intended to bolster its $100 million Crypto Ecosystem Reserve Strategy. This initiative focuses on long-term ecosystem alignment and product innovation. (Source: July 3, 2025)
The private placement involved issuing 2,440,183 American Depositary Shares (ADSs) at $10.45 each. This price reflects a 5% discount from the volume-weighted average price between June 25 and June 27, 2025. The funds will expand institutional crypto services in the U.S. and Southeast Asia. (Source: July 3, 2025)
The Crypto Reserve is allocated to Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). It will also include Binance Coin (BNB), Ripple (XRP), and Sui (SUI). AMBR shares are currently trading at $8.60, down 7% from the previous close. (Source: July 3, 2025)